Wind Power Investment Collapses as Germany’s Wind Industry Faces Total Armageddon

Once a world ‘leader’, Germany’s wind industry is on the brink of total collapse; new construction has ceased, and bankrupt turbine makers are sacking thousands of workers. Limit your worldview to the mainstream press and you’d be forgiven for thinking Germany is well on its way to an all wind and sun powered future, and […]

It’s-A-Knockout: European Wind Industry’s Total Collapse: Firms Bankrupt & Thousands Sacked

The wholesale collapse of Europe’s wind industry suggests that so-called ‘sustainable’ energy ain’t so sustainable, after all. Big turbine manufacturers are sacking workers in droves, watching their share prices plummet and pulling out all stops to stave off bankruptcy. Accumulating hundreds of €millions in losses, turbine maker Senvion entered into self-administered bankruptcy/liquidation in April. Danish […]